Phase Electrical And Maintenance Ltd

Phase Electrical And Maintenance Ltd
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Phase Electrical And Maintenance Ltd Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Vellender Lewis Accountants Limited 31 March 2025 .................................................... Vellender Lewis Accountants Limited 4 Capricorn Centre Cranes Farm Road Basildon SS14 3JJ 28 November 2025 1

Phase Electrical And Maintenance Ltd
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Vellender Lewis Accountants Limited
31 March 2025

....................................................
Vellender Lewis Accountants Limited
4 Capricorn Centre
Cranes Farm Road
Basildon
SS14 3JJ
28 November 2025

1

Phase Electrical And Maintenance Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	46,729	46,976
		46,729	46,976
Current assets
Debtors		20,000	20,000
Cash at bank and in hand		432,003	268,934
		452,003	288,934
Creditors: amount falling due within one year		187,156	198,620
Net current assets		639,159	487,554

Total assets less current liabilities		685,888	534,530
Provisions for liabilities		(9,982)	(11,744)
Net assets		675,906	522,786

Capital and reserves
Called up share capital		100	100
Profit and loss account		675,806	522,686
Shareholders' funds		675,906	522,786

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 28 November 2025 and were signed on its behalf by:

-------------------------------
Joseph Wells
Director

2

Phase Electrical And Maintenance Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Phase Electrical And Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 08881591, registration address 4 Capricorn Centre, Cranes Farm Road, Basildon, Essex, SS14 3JJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

15% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Total
	£	£
At 01 April 2024	60,751	60,751
Additions	8,000	8,000
Disposals	-	-
At 31 March 2025	68,751	68,751
Depreciation
At 01 April 2024	13,775	13,775
Charge for year	8,247	8,247
On disposals	-	-
At 31 March 2025	22,022	22,022
Net book values
Closing balance as at 31 March 2025	46,729	46,729
Opening balance as at 01 April 2024	46,976	46,976

3


Registered Number: 08881591
England and Wales
PHASE ELECTRICAL AND MAINTENANCE LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025